EX-99.1 2 ex99-1.htm Exhibit 99.1 VirTra Reports Fourth Quarter and Full Year 2024 Financial Results Fourth Quarter Bookings Grow 37% Sequentially to $12.2 Million Year-End Backlog Expands to $22.0 Million CHANDLER, Ariz. - March 27, 2025 - VirTra, Inc. (Nasdaq: VTSI) (“VirTra” or the “Company”), a global provider of judgmental use of force training simulators and firearms training simulators for the law enforcement and military markets, reported results for the fourth quarter and full year ended December 31, 2024. The financial statements are available on VirTra’s website and here. Fourth Quarter 2024 and Recent Operational Highlights: Fourth quarter bookings totaled $12.2 million, a 37% increase from Q3 2024, with a significant portion recorded in December, positioning VirTra for revenue conversion in early 2025. Backlog grew to $22.0 million as of December 31, 2024, reflecting continued sales momentum despite federal funding delays. Secured contracts with government and law enforcement agencies in Europe and Latin America, reinforcing VirTra’s expansion in international government and security training programs. Secured first sale of the V-XR® traini…
Open exhibit ↗Current Report · Items 2.02, 9.01 · 8-K
VirTra, Inc.
VTSINASDAQEQUITYCurrent
Results of Operations and Financial Condition
Item 2.02. Results of Operations and Financial Condition. On March 27, 2025, VirTra, Inc. issued a press release announcing its financial results for the fourth quarter and year ended December 31, 2024. A copy of this press release is attached hereto as Exhibit 99.1 and incorporated herein by reference. The information contained in the website is not a part of this Current Report on Form 8-K.…
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Historical securities (1)
Disclosure sections
Item 2.02Item 2.02 - Results of Operations
Item
2.02. Results of Operations and Financial Condition.
On
March 27, 2025, VirTra, Inc. issued a press release announcing its financial results for the fourth quarter and year ended December 31,
2024. A copy of this press release is attached hereto as Exhibit 99.1 and incorporated herein by reference. The information contained
in the website is not a part of this Current Report on Form 8-K.
The
information under this Item 2.02, including Exhibit 99.1, is being furnished and shall not be deemed to be “filed” for the
purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the “Exchange Act”), or otherwise subject to the
liabilities of such section, nor shall such information be deemed incorporated by reference in any filing under the Securities Act of
1933, as amended, or the Exchange Act, except as shall be expressly set forth by specific reference in such filing.